Tata Capital Financial Services on Saturday said it proposes to raise Rs 300 crore from debentures to fund its growth.
The board has given approval to the company for issuing unsecured, non-convertible, perpetual debentures of up to Rs 300 crore on a private placement basis, Tata Capital Financial Services said in a regulatory filing to the stock exchanges.
The fund may be raised in one or more tranches, it added.
